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JOINT REVIEW BOARD MEETING
    OLIVER SQUARE TAX INCREMENT FINANCE DISTRICT
           WEDNESDAY, JULY 5, 2023 – 2:30 P.M.
           475 MAIN STREET, WEST CHICAGO, ILLINOIS
                 COUNCIL CHAMBERS


                    AGENDA


1.     Call to Order

2.     Roll Call

3.    Approval of November 30, 2022 Minutes

4.    Review of FY 2021 Annual TIF Report

5.     Public Comment

6.    Adjournment

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MINUTES

              JOINT REVIEW BOARD MEETING
     OLIVER SQUARE TAX INCREMENT FINANCE DISTRICT

                   Wednesday, November 30, 2022


1.  Call to Order.

Michael Guttman called the meeting to order at 2:00 P.M.

2.  Roll Call and Establishment of a Quorum.

Roll call found in attendance: Karen Apostoli of West Chicago Elementary School District 33,
Dan Oberg of West Chicago School District 94, Randy Ramey of Wayne Township, Gina Radun
of West Chicago Park District, Patrick Tanner of West Chicago Fire Protection District,
Benjamin Weseloh of West Chicago Public Library District, Paul Hoss of DuPage County, and
Michael Guttman of City of West Chicago.

Others in attendance included: Nicole Prater of Winfield Township, and Tom Dabareiner and
Kelley Chrisse both of City of West Chicago.

3. Approval of October 7, 2021 Minutes.

A motion was made by the West Chicago Public Library District and seconded by Wayne
Township to approve the minutes from the October 7, 2021 Joint Review Board meeting. The
motion was approved unanimously via voice vote.

4. Review of FY 2020 Annual TIF Report.

Kelley Chrisse reviewed the background of the Oliver Square TIF District and gave an overview
of the FY 2020 Annual TIF Report. The beginning FY 2020 TIF fund balance was $183,904
with only one expense during the reporting period, which was a partial reimbursement for
exterior improvements. These improvements secured a national tenant, in addition to the
remaining spaces being leased up for a fully leased shopping center. The year end fund balance
was $144,561.

Ms. Chrisse explained that the shopping center property may be listed for sale again early next
year but that vacant lots are currently listed for development. Additionally, the former
medical/former bank building has been sold and the new owner intends to renovate to operate a
quick serve restaurant.

Joint Review Board Meeting Minutes
November 30, 2022

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